SOUTHERN EXCHANGES

Auckland Star, Volume LXVIII, Issue 30, 5 February 1937, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. A BUSY MORNING. —m SALES COVER WIDE AREA. (By Telegraph.—Special to "Star.") ' CHRISTCHURCH, this day. Xo less than 35 sales were made on Exchange this morning. In addition to reported business the culls saw dealing in a very wide range of issues, buyers making .some improvement in several directions. Chain stores, however, were quiet, with a slight easing for G. J. Coles. Banks were inclined to slip from recent rates. Commercials, ex dividend, had a consequent marking down with a sale' at 19/6, being a reduction of 4d, compared with yesterday afternoon. E., S. and A.'s eased by 1/. Sellers of Unions lowered their limits to £10 9/. New Zealands, however, moved up a point to sale and sellers at £2 0/7. Christchurch Gas, ex dividend, had a market between £18/ and £1 9/3. Slightly easier quotation for Staples was the only uncertain feature in the brewery section, the market standing from £1 17/ to £2 0/6. New Zealand and Tooth's sold at £2 17/3 and £2 17/ respectively. Buyer's ottered £2 3/ for Dominions without response. Australian industrials were the most active of the miscellaneous issues, Broken Hills improving for contributings. Zincs gained fractionally, with final buyers at £2 15/1 for the ordinaries and £2 16/6 for the preferences. G. J. Coles lost 1/3, compared with the peak level yesterday afternoon, and the market closed 3d either side of £5. Howard Smiths and Hume Pipes (Aust.) eased a little, but the rest of the section, including New Zealand issues, remained firm. Mount Lyells moved up, with sale and further buyers at £2 3/, while Morgans relapsed to 16/7. The unlisted section was more active than usual, Alloy Steel (Aust.) again selling at £1 2/, Perpetual Forests (4/ paid) at the firm price of £ 1 1/, and Woolworths (Sydney), old., at £8 12/6. (By Telegraph.--Press Association.) CHRISTCHURCH, Thursday. Commercial Hank of Australia, IJI/9 (4 parcels). 19/10; Auckland Gas, £1 3/7; Kauri Timber, £l 3/1; Dominion Fertiliser, ill 4/ti: Electrolytic Zinc. £2 14/9 (- parcels), £2 14/10. fJ 15/; G. J. Coles, £5 1/0 (6 parcels). £5 1/; Xew Zealand Newspapers, £ J 0/6 (2 parcels); Beaths, £1 2/0 : Waldas Shoes. £1 12/: Mount I.yell, £2 2/11 (5 parcels); Mount Morgan. 1(5/81 (3 parcels). Unofficial. —Self ridges (X.Z.), 7/. CHRISTCHURCH, this day. Sales.-—Commercial Bank of Australia (ex div.), 19/0: K., S. and A. Bank, £6 3/IS, £»> 4/; Bank of New Zealand, £2 0/7; New Zealand Refrigerating (£1 paid), £1 0/4; Kaiapoi Woollens (pref.), 17/6; New Zealand Breweries, £2 17/3; Tooth's Brewery, £2 17/; Anthony HorUern, £1 0/8 (2 parcels*; Broken Hill Proprietary, £4 1/: (con.), £3 8/6 ; Colonial Sugar, £43; Dunlop Rubber. 18/11 ; Electrolytic Zinc (ord.), £2 15/1 1(3 parcels); Electrolytic Zinc (pref.), £2 [10/0: G. J. Coles, £5 (3 parcels). £5 0/3; Howard Smith, £1 2/6; Hume Pipe (Australia). £11/8 (2 parcels); Morts Dock, 13/3; midas Shoes. £1 11/9; Mount I.yell, £2 3/ (3 parcels) ; Mount Morgan, 16/7 J. 10/7.. Reported Sale.—Gillespie's Beach, 1/0. Unlisted. —Alloy Steel (Australia), £1 2/; N.Z. Perpetual Forests (4/ paid), £1 -1/: Wool worths (Sydney), ord., £8 12/0; Christchurch "Press," £8. DUN ED IN, Thursday. Bunk of New Zealaud, £2 0/0; Broken Hill South, £2 7/0 ; G. J. Coles, £ 5 1/, £5 1/3, £5 1/6 (3 parcels). DUNEDIN, this day. Sales.-—Refrigerating (con.), 0/3: G. J. Coles, £ 1/: Hume Pipe, £1 1/9: Government Bonds, 1943-40. £103 17/0: Bank of New Zealand. £2 0/6: Refrigerating (paid), £1 0/3; Mount I.yell, £2 3/. WELLINGTON, Thursday. Stock. 15/3/39-43, 3J per cent, £101 0/, £101 15/; Guarantee Corporation, 5/0; Anthony Hordern, £1 0/101 ; Dunlop, Perdriau, 19/ (2 parcels); G. J. Coles, £o 1/. Unofficial.—National Tohacco, £2 17/6. $ this day. Sales.—G. Jj Coles, £5 0/9, £5 0/6: 4 per cent 80nd5.,1949, £103 15/, £103 12/0: Commercial Bank (ex div.), 19'5: New Zealand Guarantee Corporation, 5/6: !New Zealand Breweries, £2 17/3: Tooth's Brewery. £2 17/1J ; Toohey's. £1 15/6; Hume Pipe, £ 1 1/0; Broken Hill Proprietary. £4 1/. £4 1/3. Unlisted.—Woolwortlis (Sydney), £S 13/0, £8 13/; Woolwortlis (W.A.), £7 0/.